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  • Listed by: 

    William Peck,

    Horvath & Tremblay LLC 781-776-4000

    Bought with: Horvath & Tremblay LLC
    $1,475,000

    204-208 N Main Street, Concord, NH 03301

    --beds
    --baths
    10,295sqft
    Multi Family
    Built in 1930
    -- sqft lot
    $1,544,000 Zestimate®
    $143/sqft
    $2,310 Estimated rent

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    $2,310/mo

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    $8,362/mo

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    $8,362/mo

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    What's special

    The Property consists of four adjacent parcels of land and three two-story buildings with ten total units comprised of two commercial units, five 2-Bedroom units, two 1-Bedroom units, and one 1+ Bedroom unit. The Property features ample off-street parking and offers a stable income stream with significant upside in the existing residential rents, and through the lease up of the vacant 1,800 sq ft commercial unit. 204 N Main Street contains five units comprised of one commercial tenant (Gaslighter), three 2-Bedroom units, and one 1-Bedroom unit. 204.5 N Main Street contains two units comprised of one 2-Bedroom unit and one 1-Bedroom unit. 206 N Main Street is a 0.06-acre lot that has recently been converted into an attractive patio and green space for the commercial and residential tenants. 208 N Main Street contains three total units comprised of one commercial tenant (vacant), one 2-Bedroom unit, and one 1+ Bedroom unit. In total, Eight of the ten units are separately metered for electric, heat, and hot water, which the tenants pay directly. The landlord is responsible for heat and hot water in two units (204.5 1 & 2), common area electric, and domestic water and sewer. Over the past year, the Property has undergone significant capital improvements and renovations. On average more than 11,700 vehicles pass by the Property each day along N Main Street (US Route 3). Additionally, the municipal bus line has a stop approximately 300 feet from the Property.

    Zillow last checked: 8 hours ago

    Listing updated: March 08, 2024 at 11:02am

    Listed by:

    William Peck,

    Horvath & Tremblay LLC 781-776-4000

    Bought with:

    William Peck

    Horvath & Tremblay LLC

    Source: PrimeMLS,MLS#: 4979289MLS Logo

    Facts & features

    Interior

    Heating
    • Natural Gas, Electric, Gas Heater
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater
    Features
    • Basement: Unfinished,Interior Entry
    Interior area
    • Total structure area: 15,724
    • Total interior livable area: 10,295 sqft
    • Finished area above ground: 10,295
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Paved, Off Street
    Features
    • Levels: Two
    • Frontage length: Road frontage: 126
    Lot
    • Size: 0.50 Acres
    • Features: Level
    Details
    • Zoning description: CU

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Aluminum Siding, Vinyl Siding
    • Foundation: Brick
    • Roof: Asphalt Shingle
    Condition
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Electric: Other
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: None, No Internet

    Community & neighborhood

    Location
    • Region: Concord